Archive

Layoffs Are Coming

Layoffs Are Coming

Tesla shares dropped 9% of news of potential layoffs, Clubhouse is laying off staff members too, Frontier offered a $250M breakup fee in the Spirit deal, Walmart is opening new fulfillment centers, FC Barcelona may sell TV ad rights to BofA, and bitcoin miners are selling the dip.

Litquidity Capital
Litquidity Capital
What's Up with Tesla's "Return to Office" Mandate?

What's Up with Tesla's "Return to Office" Mandate?

Why is Musk suddenly so concerned with his employees returning to the office?

Year of the Tiger (NOT)

Year of the Tiger (NOT)

Tiger Global is down 52% YTD, US mortgage rates slipped, the EU approved a partial ban on Russian oil, Biden is canceling student debt for former Corinthian Colleges students, Trevor Milton doesn't want Nikola to sell more shares, and job growth cooled in May.

Litquidity Capital
Litquidity Capital
Quantitative Tightening

Quantitative Tightening

The Fed is finally shrinking its balance sheet, Musk cracks the Return-to-Office whip, Sheryl Sandberg stepped down as Meta's COO, an ex-OpenSea exec was arrested for NFT insider trading (lol), and Johnny Depp won his defamation suit.

Litquidity Capital
Litquidity Capital
Yellen Was Wrong

Yellen Was Wrong

Yellen admits she was wrong about inflation, crypto bounced back, US home prices keep accelerating, DeLorean revealed a new EV model, Hong Kong wants lighter Covid restrictions, and Forbes canceled its SPAC merger plans.

Litquidity Capital
Litquidity Capital
Pelosi Partied Hard

Pelosi Partied Hard

Paul Pelosi got a DUI, the EU is banning most Russian oil, US gas prices keep climbing, the WHO is worried about monkeypox, German inflation hit a record high, and Top Gun dominated the weekend box office.

Litquidity Capital
Litquidity Capital
EY's Business Breakup

EY's Business Breakup

Delta is cutting some flights, Russia faces a debt test, Instacart slows its hiring, EY may split its audit and advisory businesses, Twitter has to pay a $150M fine, the FDA chief urges a baby formula stockpile, and Broadcom is acquiring VMware.

Litquidity Capital
Litquidity Capital
Burning Money in The Metaverse

Burning Money in The Metaverse

Jack Dorsey left Twitter's board, the SEC is cracking down on misleading ESG claims, Zuck's metaverse will burn cash in the short-term, Musk boosted the equity component of his Twitter bid, and a tree-boring beetle could wreck South Africa's economy.

Litquidity Capital
Litquidity Capital
Ackman Is Getting Antsy

Ackman Is Getting Antsy

Ackman wants the Fed to get aggressive with rate hikes, China Covid cases continue to climb, McDonald's is poised to retain its board seats in its proxy fight with Icahn, more baby formula is headed to the US, and Lyft is the latest company to pause hiring.

Litquidity Capital
Litquidity Capital
Monkeypox Is Making Waves

Monkeypox Is Making Waves

The WHO gave a Monkeypox update, Snap plummeted after earnings, Starbucks is leaving Russia, Bill Hwang had to turn in his passport, Goldman Sachs employees are worried about being targets for violent crime, and FTX is considering some acquisitions.

Litquidity Capital
Litquidity Capital
To Bear or Not To Bear

To Bear or Not To Bear

US stocks flirted with bear market territory on Friday, Amazon is cutting back on warehouse leases, JM Smucker recalled some peanut butter, the US is airlifting baby formula from Europe, Biden signed the Ukraine aid package, and Apple wants to boost production outside of China.

Litquidity Capital
Litquidity Capital
Citadel Might Leave Chicago

Citadel Might Leave Chicago

Ken Griffin is tired of Chicago crime, Goldman and JPM strategists think recession fears are overblown, Spirit wants shareholders to reject JetBlue's bid, more subprime borrowers are missing payments, Twitter wants to limit misinformation, and the Fed is sticking to its interest rate plan.

Litquidity Capital
Litquidity Capital
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